Zheng Quan Zhi Xing·2025-08-27 13:17Core Viewpoint - The company has signed a financial service agreement with China National Building Material Group Financial Co., Ltd. to enhance financial risk management and improve capital utilization efficiency [2][3]. Summary by Sections 1. Overview of Related Transactions - The company plans to re-sign a financial service agreement with China National Building Material Group Financial Co., Ltd. to provide deposit, settlement, comprehensive credit, and other financial services [2]. - The maximum daily deposit balance (including interest) at China National Building Material Group Financial Co., Ltd. for the years 2025 to 2027 will not exceed RMB 2.5 billion each year [2]. - The maximum comprehensive credit balance (including interest) provided by China National Building Material Group Financial Co., Ltd. to the company and its subsidiaries will also not exceed RMB 2.5 billion each year [2]. 2. Basic Information of Related Parties - China National Building Material Group Financial Co., Ltd. is controlled by China National Building Material Group, which is also the actual controller of the company [3]. - The financial company was established on April 23, 2013, with a registered capital of RMB 4.721 billion [3]. - As of June 30, 2025, the financial company had total assets of RMB 32.98 billion and total liabilities of RMB 27.63 billion [3]. 3. Main Content and Performance Arrangements of Related Transactions - The agreement will be effective upon signing by authorized representatives and will last until December 31, 2027 [5]. - The financial services provided will include deposit services, settlement services, and comprehensive credit services, with no fees charged for settlement services [4][5]. - The pricing principles for services will ensure that deposit rates are not lower than those offered by major domestic commercial banks under similar conditions [4]. 4. Purpose and Impact of Related Transactions - The agreement aims to optimize capital management, improve capital efficiency, and reduce financing risks, supporting the company's long-term development [7]. - The company believes that this agreement will not affect its independence or harm the interests of shareholders, especially minority shareholders [7]. 5. Review Procedures for Related Transactions - The independent directors unanimously approved the agreement, stating it meets the company's business development needs and does not harm the interests of shareholders [8]. - The board of directors also approved the agreement, with a vote of 6 in favor and no opposition [8].